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Mar 17, 2011
03/11
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nor any kind of u.s. regulatory action were discussed as important to understanding world oil prices. i noi know some of my colleagues, the main concern that we have not built a new refinery in the united states since the 1970's, i'd like to assure them that the data suggest that their concerns are not well-founded at this particular point. demand for refined products is believed to have peaked in the united states. at the moment, 17% of our existing refining capacity in this country stands idle. and that's not because of environmental regulations. it's because demand for refined products has come down. in my opinion, it does not make a lot of sense to be debating whether we need new refineries when we're not using the capacity that we already have in existing refineries. so, having explored those factors that are not influencing oil price movements, let me spend a few minutes discussing factors that are contributing to increased oil and gasoline prices. the bulk of the discussion at the this briefing --
nor any kind of u.s. regulatory action were discussed as important to understanding world oil prices. i noi know some of my colleagues, the main concern that we have not built a new refinery in the united states since the 1970's, i'd like to assure them that the data suggest that their concerns are not well-founded at this particular point. demand for refined products is believed to have peaked in the united states. at the moment, 17% of our existing refining capacity in this country stands...
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Mar 16, 2011
03/11
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and finally u.s. former u.s. controller general david walker who served under both republican and democrat administrations have said and i quote, what threatens the ship are large, known and growing structural deficits. habitually spending more money than you make is irresponsible. but that is exactly what washington has done. habitually spend sinking our fiscal ship deeper and deeper each year. we saw a drastic swing as i mentioned in november. hoosiers and americans are united together in a common purpose demanding that our newly elected representatives and all representatives repair our fiscal health that's of our fiscal policy. it's called for cable election to preserve our country for tomorrow. they realize that the stakes are too high to ignore or delay addressing our fiscal challenges. hoosier families and businesses local communities, states and virtually any other entity across indiana and across our country have had to make sacrifices to trim their budgets. they are now calling for the federal governmen
and finally u.s. former u.s. controller general david walker who served under both republican and democrat administrations have said and i quote, what threatens the ship are large, known and growing structural deficits. habitually spending more money than you make is irresponsible. but that is exactly what washington has done. habitually spend sinking our fiscal ship deeper and deeper each year. we saw a drastic swing as i mentioned in november. hoosiers and americans are united together in a...
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Mar 15, 2011
03/11
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finally, u.s. controller general david walker who served under both republican and democratic administrations has said, "what threatens the ship are large known and growing structural deficits. spending more money than you make is irresponsible." that is what washington has done, spend, sinking our fiscal ship deeper and deeper each year. we saw a drastic swing in november. hoosiers and americans united together in a joined purpose that all representatives repair our fiscal health that's been destroyed by policies. they called for a change in course. they called for bold action today to preserve our country for tomorrow. they realize that the stakes are too high to ignore or delay addressing our fiscal challenges. hoosiers family and businesses, local communities, states, and other entities across indiana and the country had to make sacrifices to trim their budget. they are now calling for congress to do the same. mr. president, we cannot succeed unless we, together, republicans and democrats, agre
finally, u.s. controller general david walker who served under both republican and democratic administrations has said, "what threatens the ship are large known and growing structural deficits. spending more money than you make is irresponsible." that is what washington has done, spend, sinking our fiscal ship deeper and deeper each year. we saw a drastic swing in november. hoosiers and americans united together in a joined purpose that all representatives repair our fiscal health...
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Mar 9, 2011
03/11
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this morning the u.s. trade representative is set to testify before the finance committee to voice the administration's support of the trade agreement with south korea. and while we support the administration's position on south korea, the lack of leadership on these two other countries which signed free trade agreements with us more than three years ago is completely disheartening. the reason for inaction is stunning. union bosses don't want to see them pass. for some reason they seem to think that expanding the market for u.s. goods into colombia and panama somehow hurts them, which is absurd. absolutely absurd, madam president. the administration has previously expressed tepid support for these deals, an acknowledgement that expanding market for u.s. goods can only help u.s. workers and the picture in colombia is better than the labor bosses would have us believe. but they fail to follow through. the irony of union opposition to trade deals is that an expanded u.s. presence in latin america can only hel
this morning the u.s. trade representative is set to testify before the finance committee to voice the administration's support of the trade agreement with south korea. and while we support the administration's position on south korea, the lack of leadership on these two other countries which signed free trade agreements with us more than three years ago is completely disheartening. the reason for inaction is stunning. union bosses don't want to see them pass. for some reason they seem to think...
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Mar 31, 2011
03/11
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the u.s. average is here. you have to go hungary, england, russian federation, u.s. average. i don't know why we wouldn't want to be first, but we're not first. but look at how our latino kids are doing it, our african-american kids are doing. armenia, australia, sweden, malta, scotland, serbia, italy, our latino kids way down here. but let's keep going. malaysia, norway, cyprus, bulgaria, israel, ukraine, romania. our u.s. african-american students, right above bosnia, two spots above lebanon. think about it through the eyes of one of our african-american students living in a neighborhood in poverty, in chicago or denver or los angeles or boston. what are the odds that you think you're actually going to be able to graduate, that you're going to be able to contribute to the democracy, contribute meaningfully to our economy, compete in this global economy. they are not long, they are not long and they know they are not long. mr. president, i will close just by saying that we can't fix this problem from washington, we can't, but we can call attention to the question. we can cre
the u.s. average is here. you have to go hungary, england, russian federation, u.s. average. i don't know why we wouldn't want to be first, but we're not first. but look at how our latino kids are doing it, our african-american kids are doing. armenia, australia, sweden, malta, scotland, serbia, italy, our latino kids way down here. but let's keep going. malaysia, norway, cyprus, bulgaria, israel, ukraine, romania. our u.s. african-american students, right above bosnia, two spots above lebanon....
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Mar 9, 2011
03/11
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the u.s. senate is returning from recess this afternoon debating two competing proposals to fund the government. voting is scheduled for 3 p.m. eastern. live coverage of the u.s. senate live here on c-span2. introduced on friday cuts $52 billion from the discretionary spending request submitted by the president for fy 2011. if this amendment were agreed to, as written, it would mean that we would appropriate $51 billion less than the president felt was necessary for the government to carry out its duties. mr. president, i do not agree with every item in this president or any president request on this budget, but i also know that the president's budget request did not contain $51 billion in frivolous or wasteful spending. the cuts are necessary to reach the $51 billion level require difficult choices. this amendment makes real cuts to real programs. tens of thousands of americans will feel the direct impact of the proposed cuts. but the cuts included in this amendment are based on hearings, tes
the u.s. senate is returning from recess this afternoon debating two competing proposals to fund the government. voting is scheduled for 3 p.m. eastern. live coverage of the u.s. senate live here on c-span2. introduced on friday cuts $52 billion from the discretionary spending request submitted by the president for fy 2011. if this amendment were agreed to, as written, it would mean that we would appropriate $51 billion less than the president felt was necessary for the government to carry out...
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Mar 8, 2011
03/11
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it reduces long-term u.s. oil production by 27%. long-term u.s. foreign oil imports are increased by 19%. braut, long, and tell estimates says that 23 wells are need maintain current production levels in the shallow water of the gulf of mexico. since the moratorium was lifted on shallow water drilling, the formal moratorium, the administration has only permitted new wells at 1.8 per month. so 23 versus 1.8. in deep water it's even worse. there have been one deep-water explorery issued since the b.p. disaster and only one in nine months. six deep-water rigs have left the gulf. discover has been moved. ocean barness has been moved to brazil. ocean confidence, also with dimed, has been moved to west africa. ocean endeavor with dimed has been moved -- diamond has moved. 10o drilling has -- sten drilling has moved. according to o.d.s., another five major rigs are scheduled to leave the u.s. gulf of mexico by april 1st. so that will put that six number up to 11. and new-well drilling has fallen from 20 in the first-quarter of 2009 to one in the first-qu
it reduces long-term u.s. oil production by 27%. long-term u.s. foreign oil imports are increased by 19%. braut, long, and tell estimates says that 23 wells are need maintain current production levels in the shallow water of the gulf of mexico. since the moratorium was lifted on shallow water drilling, the formal moratorium, the administration has only permitted new wells at 1.8 per month. so 23 versus 1.8. in deep water it's even worse. there have been one deep-water explorery issued since the...
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Mar 29, 2011
03/11
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[applause] [applause] >> the u.s. senate gavels in shortly beginning the day with general speeches at about 11 eastern senators will resume debate on a small business bill. it continues innovation funds for small tech and research firms. a number of amendments are pending, many of them unrelated to the bill. negotiations continue off the floor how to handle those unrelated amendments. the u.s. house coming in today at 2 p.m. a couple of bills including one ending the hamp program. you can follow house coverage on c-span this afternoon at 2 p.m. eastern. now live to the senate floor hear on c-span2. senate will come to order. the chaplain dr. barry black will lead the senate in prayer. the chaplain: let us pray. almighty god, who has made and preserved us as a nation, make our lawmakers people of high vision and steadfast fidelity to your wisdom. use them to lift the banner of righteousness which exalts a nation. as they work together, deepen their understanding of one another's perspectives, so that they will treat th
[applause] [applause] >> the u.s. senate gavels in shortly beginning the day with general speeches at about 11 eastern senators will resume debate on a small business bill. it continues innovation funds for small tech and research firms. a number of amendments are pending, many of them unrelated to the bill. negotiations continue off the floor how to handle those unrelated amendments. the u.s. house coming in today at 2 p.m. a couple of bills including one ending the hamp program. you can...
110
110
Mar 15, 2011
03/11
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the u.s. up to where they are in europe. these new regulations would destroy jobs at a time when americans need them the most. and they'd be especially devastatdevastating to states ln candidate other coal states. it would jeopardize the livelihoods of the 18,000 minors in kentucky and the additional 200,000 jobs that depend on coal production and the low cost of electricity that kentuckians enjoy. they'd raise the price of everything from electricity, gasoline, fertilizer to the food we eat. and that's why farmers, builders, manufacturers, small businesses, and the u.s. chamber of commerce oppose them and support an effort to stop them. but the white house is determined to get its way, and that's why they're attempting to do through regulation what they couldn't do through legislation, regardless of whether the american people want it or not. in my view, it's an insult to the millions of americans who are already struggling to make ends meet to find job. 14 million americans are looking for w
the u.s. up to where they are in europe. these new regulations would destroy jobs at a time when americans need them the most. and they'd be especially devastatdevastating to states ln candidate other coal states. it would jeopardize the livelihoods of the 18,000 minors in kentucky and the additional 200,000 jobs that depend on coal production and the low cost of electricity that kentuckians enjoy. they'd raise the price of everything from electricity, gasoline, fertilizer to the food we eat....